Bit Mining is going to expand its operations in Central Asia with the purchase of 2,500 crypto mining machines slated for deployment in Kazakhstan. The new devices are expected to increase the Chinese company’s total…
The Growing Financialization Of Bitcoin
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Elon Musk Hints Tesla Owns About 42K Bitcoins
Tesla CEO Elon Musk has hinted how many bitcoins Tesla owns after revealing that the fair market value of its bitcoin holdings was $1.47 billion as of June 30. Tesla Holding About 42K Bitcoins Tesla’s…
Crypto Payment Option Makes Services More Affordable: Zimbabwe…
A Zimbabwean music production company, Mutscon Music, recently announced that its clients can now pay for services using cryptocurrencies like bitcoin and ethereum. According to the company, this decision has partly been necessitated by ongoing…
Bitcoin Rewards Firm Lolli Raises $10M in Funding…
The bitcoin rewards platform Lolli has announced the company has closed a $10 million Series A funding round on Wednesday. Lolli says the new financing will help the firm expand, hire and develop new partnerships.…
Bitrue Aims to Democratize Token Listing Rights by…
Digital asset exchange Bitrue is seeking to engage its user community directly by distributing decision-making power for adding new token projects after the listing team thoroughly vets them. Platform Advancing Further Voting Powers in Future…
Russian ‘Time Capsule’ to Facilitate Inheritance of Crypto…
Researchers in Moscow are developing a new service that will allow users to transfer digital data to their heirs, including crypto keys. The Russian “time capsule” will be capable of storing and relaying other private…
Helium Hotspot Miner – Mining With Helium Bar
press release PRESS RELEASE. Helium Network developed a decentralized peer to peer wireless network, which can connect different compatible devices through a series of hotspots. By being a part of this network, people can earn…
TA: Ethereum (ETH) Topside Bias Vulnerable If It…
Ethereum is struggling to gain pace above $2,300 and $2,320 against the US Dollar. ETH price could decline sharply if there is a break below $2,220. Ethereum is showing a few bearish signs below the…
Vermont Joins 3 States On BlockFi Regulatory Action
Several states’ securities regulators have been furrowing their brows with regards to BlockFi Interest Accounts (BIA) lately. This includes BlockFi’s home state of New Jersey, who was arguably one of the more strict in their…
Crypto Exchange Binance Plans to Be Regulated Financial…
Binance CEO Changpeng Zhao (CZ) says that his company wants “to be licensed everywhere” and “From now on, we’re going to be a financial institution.” Following warnings by a growing list of regulators worldwide, Zhao…
TA: Bitcoin Eyes Key Upside Break, Why Bulls…
Bitcoin price remained in a positive zone above the $39,000 level against the US Dollar. BTC is likely to climb further higher above $40,500 and $41,000. Bitcoin is trading nicely above the $38,200 and $38,500…
Mike Novogratz Says Institutions Are Buying Bitcoin, Politicians…
Galaxy Digital CEO Michael Novogratz says that cryptocurrencies, such as bitcoin, have bounced back because institutional investors are buying. Responding to U.S. Senator Elizabeth Warren’s anti-crypto stance, he stated, “We need to do a much…
Hands-On With TradingView ‘All Time Highs’ Bitcoin &…
Bitcoin and the stock market over the last year has transcended pop culture, and been fully embraced by the world of memes and the mainstream. What started as an April fool’s day joke earlier in…
Hands-On With TradingView ‘All-Time Highs’ Bitcoin & Stock…
Bitcoin and the stock market over the last year has transcended pop culture, and been fully embraced by the world of memes and the mainstream. What started as an April fool’s day joke earlier in…
Ripple and SBI Collaborate to Launch On-Demand Liquidity…
Ripple has launched its first On-Demand Liquidity (ODL) service implementation in Japan in partnership with SBI Remit, a large Japanese money transfer provider, and Philippine crypto exchange Coins.ph. Ripple, SBI, Coins.ph Collaborate to Launch Ripplenet’s…
Survey Shows 3 out of 4 Sports Fans…
Over the last year and a half, non-fungible tokens (NFT) have seen massive hype and millions of dollars worth of sales executed at auctions. A recent survey produced by bonusfinder.com shows sports fans are doubtful…
Ready To Run: Bitcoin Forms Best Performing Bull…
Bitcoin price this week blasted off from $30,000 to $40,000 in a 25% move. Although the momentum was provided by an epic short squeeze, the leading cryptocurrency by market cap could continue to run much…
Paypal Plans to Study Transactions That Fund Extremism,…
The payment processing giant Paypal has revealed it has partnered with the nonprofit organization the Anti-Defamation League (ADL). According to the announcement, Paypal is researching transactions settled on the payment network that allegedly fund hate…
Bitcoin Bullish Signal: BTC Exchange Reserve Plummets
Bitcoin exchange reserve has fallen off a cliff, on-chain analysis shows. This behavior is usually a bullish indicator for the BTC market. Bitcoin All Exchanges Reserve Is Down As pointed out by a CryptoQuant post,…
The Truth Behind Bitcoin’s Opposition
What do Saddam Hussein and Bitcoin have in common? According to the government, they both have ties to terrorism. In reality, both threaten the United States dollar (USD) and its global hegemony. “One man's terrorist…
South Korea Proposes Law Allowing Direct Seizure and…
The South Korean government has proposed an amendment to the tax code to allow the country’s tax authority to seize and sell cryptocurrencies belonging to delinquent taxpayers. “The revision will allow direct seizing without court-approved…
Bitcoin Indicators Point to Possible Inevitable Break Above…
Bitcoin has been rejected several times after a push north of the $40,000 mark. At the time of writing, BTC trades at $36,621 with a 3.2% profit in the daily and a 31.9% in the…
“We’re Creating New Rules for the Crypto Market”…
The KickEX cryptocurrency exchange, celebrating its first anniversary, is already between the sixtieth and seventieth rank for most popular trading platform according to CoinMarketCap. During this time, the platform has grown from a simple startup…
US Senator Says Cryptocurrencies Put Americans’ Hard-Earned Money…
U.S. Senator Sherrod Brown says cryptocurrencies are not real dollars and they “put Americans’ hard-earned money at risk.” Referring to decentralized finance (defi) as “a shady, diffuse network of online funny money,” he said, “if…
Bitcoin Optech #159: Stack Exchange And Taproot
The Bitcoin Optech newsletter provides readers with a top-level summary of the most important technical news happening in Bitcoin, along with resources that help them learn more. To help our readers stay up-to-date with Bitcoin,…
First U.S. Bitcoin Mutual Fund Launched By $60…
In a press release this morning ProFunds announced the launch of its Bitcoin Strategy ProFund (BTCFX). This will be the first publicly available U.S. mutual fund that generally tracks the price of Bitcoin. Image source…
Relief Fund Has a Difficult Time Cashing Out…
In mid-May, the co-founder of Ethereum, Vitalik Buterin, donated $1 billion worth of shiba inu (SHIB) tokens to India’s Crypto Covid Relief Fund (CCRF). Close to three months later, the CCRF organizers say they have…
Dvision Network Bringing a New NFT Experience on…
sponsored Dvision Network has emerged as one of the fastest-growing NFT and blockchain gaming protocols in recent months. The blockchain protocol has made significant progress since its inception and continues to create new milestones. The…
Gauging Institutional Interest Around Bitcoin
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Digital Euro to Handle ‘Almost Unlimited’ Payments, Estonian…
A blockchain-based digital euro would be highly scalable allowing it to process an almost unlimited number of payments, the central bank of Estonia has concluded following a recent experiment. Central banks from several euro area…
Nigerian Central Bank Stops Forex Sales to Bureaus…
The Central Bank of Nigeria (CBN) recently announced the abrupt end to sales and outsourcing of foreign exchange to Bureau de Change (BDC) operators after accusing them of failing to stick to their core mandate.…
Iran Raises Alarm Over Potential Influx of Miners…
With the government in Beijing cracking down on their operations, Chinese miners have been on the lookout for other jurisdictions. Providing low-cost energy, Iran has emerged as a prospective destination. However, the country’s state-owned power…
Unique Addresses Tethered to Ethereum Defi Apps Climb…
The number of users or unique addresses leveraging decentralized finance (defi) protocols via Ethereum has risen past 3 million according to recent statistics. A vast majority of these unique addresses use the defi protocol Uniswap,…
Top Scam: What Does It Take to Promise…
As you may already know, PureFi will conduct an IDO on both BSCPAD and Paid launchpads simultaneously. The IDO is dated to happen on the 27th of July, 2021. Due to the lack of experience…
TA: Ethereum Prints Bullish Pattern, Why Close Above…
Ethereum remained supported near the $2,150 zone against the US Dollar. ETH price is rising, but a close above $2,300 is important for upside continuation. Ethereum found support near $2,150 and it started a fresh…
Kenyan Farmers Pivot to Cryptocurrency as Popularity of…
The growth and popularity of community inclusion cryptocurrencies in Kenya continues to soar with the country’s rural farmers being the latest group to embrace the financial technology. As one report reveals, some farmers in Kenya’s…
TA: Bitcoin Resumes Rally, Why BTC Could Accelerate…
Bitcoin price found support near $36,400 and it started a fresh increase against the US Dollar. BTC is showing positive signs and it could rally further above $40,000. Bitcoin remained well bid above the $36,400…
IMF Warns Against Adopting Crypto Assets Like Bitcoin…
The International Monetary Fund (IMF) has warned against adopting cryptocurrencies, like bitcoin, as legal tender. Noting numerous risks and costs involved, the IMF does not see crypto assets catching on as a national currency. IMF…
Senator Warren Urges Treasury Secretary Yellen to Urgently…
U.S. Senator Elizabeth Warren has asked Treasury Secretary Janet Yellen to “act with urgency” and adopt an appropriate policy to address the risks posed by cryptocurrencies. “The longer that the United States waits to adapt…
Bitcoin Short Squeeze Revives Trading Volume And Volatility
After what seems like a thousand years of stability and a slight downtrend, bitcoin is back. Volatility is wreaking havoc. Trading volume seems to be picking up steam. And, more importantly, the community’s morale is…
Mastercard Launches Global Program to Help Cryptocurrency Startups…
Payments giant Mastercard has launched a new, global program for cryptocurrency startups. Seven crypto companies have already joined the program. Together with Mastercard, they will work to “expand and accelerate innovation around digital asset technology…
Fireblocks Custody Company Raises $310 Million, Reaches $2…
Fireblocks, a blockchain infrastructure firm, raised $310 million in its most recent funding round, reaching a valuation of $2 billion. The company, which specializes in the custody of digital assets, is interested in bringing traditional…
Survey Says! Institutional Investors Are Still Bullish On…
Bitcoin has seen losses in the past day after a rejection north of the $40,000 resistance. At the time of writing, the first cryptocurrency by market cap trades at $37,598 with a 5.6% loss in…
The Ominous Ethereum Comparison That Will Leave Bulls…
All across finance, the conversation of the day has been centered around China and the ongoing regulatory crackdown As it pertains to the crypto market and assets like Bitcoin and Ethereum, holders are wondering if…
The NBA’s Cleveland Cavaliers to Collaborate With Blockchain…
Following the announcement from the National Basketball Association’s (NBA) Boston Celtics, the Cleveland Cavaliers has officially partnered with the blockchain firm Socios.com. The partnership is aimed at increasing the Socios brand and awareness via the…
Stacks AMM Revealed, Native Bitcoin Swaps Executed With…
According to a recent report, the first trust-less swap between the Bitcoin blockchain and Stacks protocol has been executed. The co-founder of the Stacks protocol, Muneeb Ali tweeted about the native bitcoin swap and said…
Crowded Bitcoin Shorts Leads To Largest Recorded Squeeze…
Data shows that on Monday crowded Bitcoin shorts have lead to the largest recorded squeeze in the history of the cryptocurrency. Bitcoin Records Largest Short Squeeze Ever As per an Arcane Research report, BTC has…
How This Monero Bug Could Impact User Privacy
A “significant” decoy selection bug has been reported for Monero via the project’s official Twitter handle. According to the investigation, carried out by software developer Justin Berman, the bug “may impact your transaction’s privacy” during…
Taleb Vs. Taleb: A Question Of Time, Lindy…
I joined Nassim Nicholas Taleb’s very extensive block list about two years ago. It’s not a very exclusive crowd and many more erudite people than me have received the patented “Imbecile” tweet that signals an…
Goldman Sachs Files Defi ETF Application
Goldman Sachs, one of the biggest banking institutions in the world, has filed an application to offer an Exchange Traded Fund (ETF) linked to the performance of decentralized finance (defi) companies. The instrument, if approved,…
Kirobo’s P2P Swap Button Enables Crypto Market’s First…
press release PRESS RELEASE. Tel Aviv – July 27, 2021 – Kirobo, a blockchain technology company, has launched its ‘P2P Swap Button‘, a decentralized tool allowing cryptocurrency users to execute token swaps without having to…
Brazilian Burger King Customers Can Now Purchase Meat-Flavored…
According to regional reports, the Burger King franchise in Brazil has introduced a new type of food specifically made for canines called the “Dogeppr.” The new product is a dog biscuit that canine owners can…
Bitcoin Mining Difficulty Parameter Set to Increase for…
Bitcoin’s hashrate has slowly crept back up between 85 exahash per second (EH/s) to 125 EH/s on July 14. The increase in hashpower has made it so the next mining difficulty change will increase for…
Banks in Kazakhstan to Open Accounts for Registered…
Companies providing trading services for digital assets will be able to open accounts with banks in Kazakhstan, local media reported, quoting the country’s crypto industry association. The service should allow Kazakhs to legally invest in…
Kirobo’s P2P Swap Button Introduces Slippage-Free, Direct Token…
press release PRESS RELEASE. Tel Aviv – July 27, 2021 – Kirobo, a blockchain technology company, has launched its ‘P2P Swap Button’, a decentralized tool allowing cryptocurrency users to execute token swaps without having to…
Bitcoin Price Surges On Massive Short Squeeze
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Brazilian Authorities Seize $33 Million in Money Laundering…
The Brazilian authorities seized $33 million linked to a money-laundering investigation involving cryptocurrency exchanges. The operation, called “Exchange Transaction” by the Brazilian police, involved six search warrants in different locations of the country. These searches…
Huge Bitcoin Outflows On Binance, BTC To Break…
On-chain analysis shows huge Bitcoin outflows from crypto exchange Binance. BTC might keep the rally up and break $40k. Huge Bitcoin Outflows On Binance As pointed out by a CryptoQuant post, the crypto exchange has…
Finder’s Experts Predict Ethereum Will Reach $4.5K This…
Ethereum will have a very bullish year, according to a price prediction poll made by Finder. The average price that the second-ranked crypto asset by market capitalization will reach this year is about $4.5K, according…
Africrypt Bitcoin Heist: Contradicting Reports About the Directors…
In a new twist to the Africrypt saga, two different reports have made contradicting claims about the whereabouts of Raees and Ameer Cajee, the two directors of the collapse bitcoin investment firm. However, both reports…
TA: Ethereum Trims Gains, Why ETH Could Restart…
Ethereum failed to stay above $2,400 and started a major correction against the US Dollar. ETH price is now approaching the key $2,100 and $2,080 support levels Ethereum failed to gain pace above $2,400 and…
Market Strategist Says Bitcoin’s Best Days Are Ahead,…
The founder of investment management firm Michael Lee Strategy says that “the best days of bitcoin are definitely ahead of it,” expecting the cryptocurrency to “make all-time new highs.” The strategist further says that it…
TA: Bitcoin Tops Near $40K, Why BTC Remains…
Bitcoin price surged and it even spiked above the $40,000 resistance against the US Dollar. BTC is correcting gains, but it is likely to remain stable near $36,000. Bitcoin started a strong increase above the…
Tesla Reveals Bitcoin Holdings Worth $1.3 Billion in…
Elon Musk’s electric car company, Tesla, is holding bitcoin worth $1.311 billion. The company did not buy or sell any bitcoin during the second quarter but recorded bitcoin-related impairment of $23 million. Tesla’s action reaffirms…
BitMEX venture arm invests in crypto trading automation…
100x Ventures, the venture arm of crypto derivatives exchange company BitMEX and 100x Group, announced today an investment in Cryptense, the company behind crypto trading automation app Kryll.io. Kryll enables users to perform automated trading…
Ternoa to List on AscendEX
press release PRESS RELEASE. AscendEX, a global cryptocurrency financial platform with a comprehensive product suite, is excited to announce the Ternoa token (CAPS) listing under the pair USDT/CAPS on July 27 at 1 p.m. UTC.…
How The 55% Bitcoin Correction Revives Comparisons To…
Bitcoin price is still trading at more than $25,000 less than the local highs set earlier in the year, and bulls have a lot of ground to reclaim. However, the lost ground might not be…
Thorchain Trolled by Hacker After Two Successful Seven-Figure…
Thorchain, a popular defi protocol, has been compromised twice in the last two weeks, resulting in losses of over $10,000,000. The hacker responsible for the latest exploit left behind a message detailing the measures that…
Bitcoin Transforms Evil Into A Greater Good
Bitcoin, Alchemy of Money: Transforming Evil Into Greater Good Bitcoin teaches us that evil can be overcome, not with resistance or punishment, but through our willingness to understand and integrate all sides of our nature. …
Fed Faces Double Inflation as Supply Chain Falters,…
Reports show a vast majority of the American populace has been worried about rising inflation and as the weeks roll by, the financial situation continues to look grim. US Senator: ‘There’s No Justification for the…
Bitcoin Indicator Forecast Calls For $46K, New All-Time…
Bitcoin price like a flash of lightning shot up by more than $5,000 in the last 48 to 72 hours, and the forecast just turned from cloudy with a chance of downside to much sunnier…
Jeff Bezos Directs Amazon to Accept Bitcoin and…
Amazon is reportedly planning to accept bitcoin by the end of the year, after which the company will roll out support for other major cryptocurrencies. Furthermore, the company is exploring launching its own cryptocurrency. “The…
Bulls Back In Control? Why Bitcoin Miners Could…
Bitcoin trades at the high of its current range after a short squeeze pushed it beyond all resistance levels. The first cryptocurrency by market cap records a 13% profit on the daily and a 21.1%…
Binance Smart Chain Creates a $10 Million Bug…
The Binance Smart Chain has launched a $10 million bug bounty fund for projects building on top of the protocol, called “Priority One.” The initiative aims to keep the blockchain network secure by encouraging bug…
Bitcoin Awareness And Adoption In Singapore Is Huge
An independent research survey published today examined Singapore's awareness, adoption, trust, and confidence in Bitcoin and cryptocurrencies, finding a 63 of 100 rating for the Asian country. The Independent Reserve Cryptocurrency Index (IRCI) is a…
Massive Short Squeeze Pushes Bitcoin Closer to $40K,…
The price of bitcoin jumped over 15% in a matter of three hours on Sunday evening and came awfully close to the $40K handle. Since then, the crypto asset has dropped back a few percentages…
Santo Blockchain and French Artist Jerome Peschard Release…
press release PRESS RELEASE. Santo Blockchain Labs have joined forces with French artist Jerome Peschard to create an XR-NFT art series like nothing the crypto market has seen before. 26th July 2021, Ho Chi Minh…
DeFi Money Laundering & Scam Risks for Users:…
Decentralized Finance (DeFi) has become more and more popular in the past few months. According to the statistics, by Q1 ’21, the overall monthly trade volume has almost tripled compared to December 2020 ($25 billion).…
Crypto Ban Is Finally Lifted in Vanuatu after…
Tal Itzhak RonFor a very long time Vanuatu, always the most popular offshore licensing jurisdiction for self-regulated FX/CFD operations, disapproved dealing with Cryptocurrencies in all forms for its VFSC licenses, to the extent that if…
The Intelligent Person’s Guide To Bitcoin
The below is a response to professor Fabrizio Carmignani’s interview, titled “Dummy’s Guide To Crypto,” which I found was genuinely written by a dummy, for dummies. It’s always fascinating when experts of the old comment…
Kubernetes Clusters Used to Mine Monero by Attackers
Attackers are abusing an attack vector present in one of the most popular execution engines (Argo Workflows) to repurpose Kubernetes systems to mine cryptocurrencies. The attack exploits a vulnerability in the system of permissions of…
Tesla Q2-2021 Earnings Call to Shed Light on…
The upcoming Tesla Q2-2021 earnings call, which will be announced this Monday after market hours, will at last shed some light on what has happened with the company’s bitcoin holdings. The company held more than…
FTX Slashes Leverage Limit from 100x to 20x…
FTX CEO Sam Bankman-Fried told his Twitter followers on Sunday that his crypto exchange has lowered its margin trading limit from 101x to 20x. Prior to the change, FTX supported 50x, 100x, and 101x leverage…
Analyst Jim Cramer Calls Ethereum the ‘Pied Piper…
CNBC’s stock analyst and crypto investor Jim Cramer says he’s still bullish on his choice to invest in ethereum after removing bitcoin from his portfolio. Three days ago, Cramer tweeted that he’s “sticking with” his…
TA: Bitcoin Surges To $40K, Why BTC Could…
Bitcoin price started a strong upward move above the $35,000 resistance against the US Dollar. BTC is showing positive signs and it could rally further above $40,000. Bitcoin started a strong increase above the $33,000…
Portfolio Strategist Expects Cardano to Become Mainstream Cryptocurrency…
A portfolio strategist for American financial services firm Morningstar says that cardano could become a mainstream cryptocurrency alongside bitcoin and ether, forming a “big three” of mainstream cryptocurrencies. Strategist Believes Cardano, Ether, Bitcoin Could Become…
Jack Dorsey Calls Bitcoin a ‘Big Part’ of…
Twitter CEO Jack Dorsey says that bitcoin will be a big part of the company’s future. “If the Internet has a native currency, a global currency, we are able to move so much faster with…
Number of Cryptocurrency ATM Locations Soars Past 24K…
The number of cryptocurrency ATMs has surpassed 24,000 globally. Out of 75 countries with crypto ATMs, the U.S. tops the list with the most locations. 24K+ Cryptocurrency ATMs Worldwide The number of cryptocurrency ATMs has…
US Senator Launches Investigation Into ‘How Cryptocurrencies Facilitate…
A U.S. senator has launched an investigation into the rise of ransomware attacks as well as how cryptocurrencies facilitate cybercrimes. “The investigation will also look into current oversight efforts and regulations related to virtual currencies,”…
Crypto Companies Establish Presence, Hire Talent in Ireland
With a friendly attitude towards financial innovation, the Republic of Ireland has become a desired destination for fintech businesses that need unimpeded access to the common European market. Cryptocurrency companies have been opening offices in…
Namibia Central Bank to Complete Crypto Study By…
The Bank of Namibia (BON) is on course to complete its study into cryptocurrencies by April 2022, the central bank governor, Johannes Gawaxab recently confirmed. The governor however reiterated that cryptocurrencies are not legal tender…
Coinbase, Executives, Investors Hit With Lawsuit Over Nasdaq…
A class-action lawsuit has been filed against cryptocurrency exchange Coinbase, its executives, and investors over the company’s direct listing on Nasdaq. “According to the complaint, the registration statement and prospectus used to effectuate the company’s…
81 Countries Are Now Exploring Central Bank Digital…
Eighty-one countries are now exploring central bank digital currencies (CBDCs), according to a new tracker. This number is 46 more countries than the number in May last year. In addition, five countries have fully launched…
Bitcoin Artwork Will Make Your Life Beautiful
Rule VIII: Add Bitcoin Artwork to Your Life to Make It As Beautiful As Possible A REIMAGINATION OF “BEYOND ORDER” BY JORDAN PETERSON THROUGH THE LENS OF BITCOIN. Preface This writing mirrors the exact chronological…
This Year’s Gallup Poll Findings Suggest 6% of…
Young U.S. investors are more interested in bitcoin investments than they were three years ago, according to a poll stemming from the Gallup Investor Optimism Index. This year’s poll surveyed 1,037 participants and findings suggest…
A Deeper Look Into The Pirate Bay’s Mysterious…
In mid-May, the popular and perhaps the largest torrent tracker on the internet, The Pirate Bay, mysteriously revealed a new cryptocurrency called piratetoken (TPB). The token has seen a 20% gain in 30 days and…
Irish Banks Hail EU’s ‘Radical’ Anti-Money Laundering Push
Banks in Ireland have welcomed an upcoming reform of the European Union’s anti-money laundering regulations that will affect the crypto space. The Irish banking industry organization voiced support for the changes aimed at disrupting illicit…
Three US States Going After BlockFi In Regulatory…
New Jersey, Texas, and Alabama have individual state regulators issuing concerns that New Jersey-based DeFi firm, BlockFi, is offering unregistered securities. Regulators seem to particularly point to BlockFi’s Interest Account (BIA), which offers rates that…
Strategist Mike McGlone Believes Bitcoin Can Jump to…
The senior commodity strategist at Bloomberg Intelligence, Mike McGlone, has been long on bitcoin for a while now and he said last month that bitcoin has a “bullish ace up its sleeve.” This week the…